PRO-RATED BONUS UPON CHANGE IN CONTROL OR DEATH. Within 15 days following the consummation of a Change in Control (as defined below) or Executive's death, the Company shall pay to Executive or to his estate or heirs a pro-rated cash bonus ("PRO-RATED BONUS") equal to 100% of Executive's annual Base Salary, pro-rated from January 1 through and including the date of such Change in Control or death.
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Samples: Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp), Employment Agreement (Long Beach Financial Corp)
PRO-RATED BONUS UPON CHANGE IN CONTROL OR DEATH. Within 15 fifteen (15) days following the consummation of a Change in Control (as defined below) or Executive's death, the Company shall pay to Executive or to his estate or heirs a pro-rated cash bonus ("PRO-RATED BONUS") equal to 100% of Executive's annual Base Salary, pro-rated from January 1 of the year in which such Change in Control or death occurs through and including the date of such Change in Control or deathdeath (the "Pro-Rated Bonus").
Appears in 3 contracts
Samples: Form of Employment Agreement (Saxon Capital Inc), Employment Agreement (Saxon Capital Inc), Employment Agreement (Saxon Capital Inc)
PRO-RATED BONUS UPON CHANGE IN CONTROL OR DEATH. Within 15 days following the consummation of a Change in Control (as defined below) or Executive's death, the Company shall pay to Executive or to his estate or heirs a pro-rated cash bonus ("PRO-RATED BONUS") equal to 10050% of Executive's annual Base Salary, pro-rated from January 1 through and including the date of such Change in Control or death.
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PRO-RATED BONUS UPON CHANGE IN CONTROL OR DEATH. Within 15 thirty (30) days following the consummation of a Change in Control (as defined below) or Executive's ’s death, the Company shall pay to Executive or to his estate or heirs a pro-rated cash bonus ("PRO-RATED BONUS") equal to 100% of Executive's ’s annual Base Salary, pro-rated from January 1 of the year in which such Change in Control or death occurs through and including the date of such Change in Control or deathdeath (the “Pro-Rated Bonus”).
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PRO-RATED BONUS UPON CHANGE IN CONTROL OR DEATH. Within 15 days following the consummation of a Change in Control (as defined below) or Executive's death, the Company shall pay to Executive or to his estate or heirs a pro-rated cash bonus ("PRO-RATED BONUS") equal to 10075% of Executive's annual Base Salary, pro-rated from January 1 through and including the date of such Change in Control or death.
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PRO-RATED BONUS UPON CHANGE IN CONTROL OR DEATH. Within 15 days following the consummation of a Change in Control (as defined below) or Executive's death, the Company shall pay to Executive or to his her estate or heirs a pro-rated cash bonus ("PRO-RATED BONUS") equal to 10060% of Executive's annual Base Salary, pro-rated from January 1 through and including the date of such Change in Control or death.
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